A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "The Fair Credit Reporting Act's Limited Preemption of State Laws".

Placed on Senate Legislative Calendar under General Orders. Calendar No. 385.

2026-04-27

Congress is considering blocking a decision by the Consumer Financial Protection Bureau to withdraw a rule that had limited how much state governments could regulate credit reporting practices. If approved, this resolution would reverse that withdrawal and restore the rule, meaning states would have less power to create their own credit reporting laws that go beyond federal standards. The change would primarily affect credit reporting companies and consumers who rely on credit reports for loans and other financial services.